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The economy 'doesn't really care who's president,' economist says


               
2017 Jan 11, 12:17pm   9,529 views  27 comments

by indigenous   follow (1)  

http://www.mlive.com/news/grand-rapids/index.ssf/2017/01/the_economy_doesnt_really_care.html

The incoming presidential administration will have little to no impact on the 2017 economic picture, according to expert forecaster Alan Beaulieu.

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1   Ceffer   2017 Jan 11, 12:54pm  

The Bribe-o-spheres and the Spoils-o-spheres remain intact with GoldieSacks at the reins.

2   Ceffer   2017 Jan 11, 1:01pm  

Selfish, covetous, grabbing Fucktards are the basis of all economic wealth and progress!

3   RWSGFY   2017 Jan 11, 1:19pm  

The only exception is Obama - if he wasn't elected, there would be another Great Depression. Or even two of these.

5   indigenous   2017 Jan 11, 9:08pm  

On one hand he is right it does not matter who the prez is while he is in office.

OTOH there certainly is regime uncertainty that we saw under Obama and FDR.

The real damage will come down the road when the ACA and Dodd Frank come to fruition.

6   RealEstateIsBetterThanStocks   2017 Jan 11, 9:16pm  

a president who reduces regulation helps grow the economy.

case study: Britain vs. German post WW2.

7   indigenous   2017 Jan 11, 9:32pm  

RealEstateIsBetterThanStocks says

a president who reduces regulation helps grow the economy.

That's right.

RealEstateIsBetterThanStocks says

case study: Britain vs. German post WW2

Tell me more.

8   Rew   2017 Jan 11, 9:34pm  

Germany, a country which 'lost' two world wars and had the war fought in their country. Your comparison leaves a lot to be desired.

Try Clinton/Bush v Obama. What do those economies show? (Hint: the US isn't drowning in overregulation of markets right now.)

9   indigenous   2017 Jan 11, 9:56pm  

Rew says

What do those economies show? (Hint: the US isn't drowning in overregulation of markets right now.)

They certainly are, that is a big part of the reason the economy took so long to recover. Dodd Frank, ACA, Sarbanes Oxley, TSA, Homeland security, the alphabet soup of federal agencies, etc.

10   Rew   2017 Jan 11, 10:19pm  

ACA, TSA, and Homeland security are economic regs? Please. Just more anti-goverment to be anti-government drivel.

Shortly after dereg what happened to MBSes and the housing market? (Bubble and POP!) There is no such thing as a completely un-regulated market and when you de-regulate you increase risks and destabilize a man made system that actually survives and RUNS ON regulations/laws. It is a balance. You can have too many regs. But what ails our economy isn't stifling regulations.

Prediction: Trump has to respond to a mass shooting about every two months, and near the end of his first term (if the alligators in his swamp don't eat him) he will be holding the reigns of an economic crisis of his (not Obama's) own making.

(Also, just so we are clear on what "Repeal and Replace" will look like for the ACA ... it will actually be "defund some measures and improve". Also any legislation that can be passed probably will take up to two years or more. Prove me wrong Trump/world. Prove me wrong.)

12   Rew   2017 Jan 11, 11:12pm  

Ah yes. The Brexit movie. Made by a pro-communist climate denier. Funny, that sounds kind of like ...

13   indigenous   2017 Jan 12, 4:41am  

Rew says

Just more anti-goverment to be anti-government drivel.

Anti free market drivel is the only thing that you are talking about.

You have not noticed any infringement on your civil liberties since 9-11? You must be a zombie

You have not noticed that you cannot keep your Dr or plan since the ACA and the new plan cost a lot more? you must be a zombie.

Preceding all of the MBSs, HELOC abuse, speculation, AIG stupidity, rating agency abuse, liar loans, was one thing.

That one thing was Greenspan lowering the interest rates in 2002 that CAUSED the bubble. A little appreciated FACT is that this moronic move by Greenspan was also accompanied by an increase in the demand by the boomers. Which is why housing sales are so low.

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